Photoshop: Error: "A problem caused the program to stop working correctly. Windows will close the program and notify you if a solution is available"

A problem caused the program to stop working correctly. Windows will close the program and notify you if a solution is available. (Close program) Called adobe support no help I have Adobe Creative Suite 5 Design Premium, all the other parts illistrator, dreamweaver, flash all work. Just photoshop will not respond I am a student and I need this working!

Have you installed all the updates for Photoshop?
Have you checked the system log to see what module the crash occurred in?
Have you tried the usual troubleshooting steps: update video card drivers, disable third party plugins, etc.?